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24 Sep
07:43

Mid-East output stays flat sequentially in August

Iran, Saudi Arabia, United Arab Emirates and Qatar combined crude steel production in August rose 10.9% on-year to 3.65 million tonnes, which was flat on-month, according to the latest worldsteel data. The on-year growth was mainly due to the successful recovery from the Covid-19 pandemic impact. On-month, Iranian output remained hampered by electricity supply curtailment, while infrastructure and construction projects slowed as usual during the summer i…
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